Must a debt be repaid at its value at the time of borrowing, or at its value at the time of repayment, given the fluctuation in exchange rates?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
You must return 300 Kuwaiti Dinars to the lender, regardless of their value against other currencies. It is permissible to repay the debt in another currency if the lender agrees, provided that the exchange rate is at the rate of the day of repayment, not the day of borrowing.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/166804
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 166804
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy